Thai Vegetable Oil Balance Sheet Health
Financial Health criteria checks 4/6
Thai Vegetable Oil has a total shareholder equity of THB11.1B and total debt of THB1.8B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are THB16.5B and THB5.4B respectively. Thai Vegetable Oil's EBIT is THB2.3B making its interest coverage ratio -51.2. It has cash and short-term investments of THB1.3B.
Key information
16.0%
Debt to equity ratio
฿1.78b
Debt
| Interest coverage ratio | -51.2x |
| Cash | ฿1.35b |
| Equity | ฿11.14b |
| Total liabilities | ฿5.36b |
| Total assets | ฿16.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVO-F's short term assets (THB13.1B) exceed its short term liabilities (THB5.1B).
Long Term Liabilities: TVO-F's short term assets (THB13.1B) exceed its long term liabilities (THB218.5M).
Debt to Equity History and Analysis
Debt Level: TVO-F's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: TVO-F's debt to equity ratio has increased from 11.9% to 16% over the past 5 years.
Debt Coverage: TVO-F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TVO-F earns more interest than it pays, so coverage of interest payments is not a concern.